Xiaomi (HK:1810) has released an update.
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Xiaomi Corporation has announced the award of over 34 million shares to employees and service providers under its 2023 Share Scheme, aiming to align their interests with the company’s long-term growth. The shares, granted at no cost to the recipients, will vest over a period ranging from 2024 to 2034, with the vesting schedule tied to the performance rankings of the participants. This move is designed to incentivize and retain talent while fostering a shared commitment to the company’s success.
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